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PRESS

RELEASE RE: COURAGE FUND


Contact: Lynne Woodman, VP Media Relations, KeyBank office: 216-471-2890 media hotline: 216-577-1374 Lynne_Woodman@KeyBank.com May 16, 2013 FOR IMMEDIATE RELEASE

All Donations to the Cleveland Courage Funds Will Go to New Trust Funds for Survivors $480,000 Raised to Date
CLEVELAND May 16, 2013 The Cleveland Courage Funds, set up by Cleveland City Council members to benefit kidnap survivors Gina DeJesus, Michelle Knight, and Amanda Berry and her daughter, now total more than $480,000. More than 5,100 individual donations have been made to them through the Funds. Donations have come from all 50 states, Washington, D.C. and from several foreign countries. The total includes major new gifts $50,000 from the Cleveland Foundation and $10,000 from Key Bank, which is also providing pro bono financial counsel to the survivors. Trusts for each of the four survivors are being created to accept all donations received through the Cleveland Foundation and Key Bank. The Cleveland Courage Funds were set up at the Cleveland Foundation and Key Bank two days after the release of the survivors. The Centers for Families and Children will accept the funds from the Cleveland Foundation as a fiscal intermediary and distribute 100 percent of the donations to the four survivors trust funds. In addition, 100 percent of donations to the Cleveland Courage Fund at Key Bank will go directly into the survivors trust funds. Christopher Kelly, Partner-in-Charge of Jones Day, and Tom Stevens, Vice Chair and Chief Administrative Officer of KeyBank, are co-advisors to the fund. Jones Day is the law firm representing the survivors pro bono. Stevens will be retiring from KeyBank next month. None of the organizations involved is taking any administrative fees or other compensation, said Stevens. We are delighted to serve as advisors to help ensure that Gina, Michelle and Amanda are able to use the money for their well-being, not just for today, but for years to come. The amount already raised and the organizations who have stepped up to help pro bono are truly remarkable. Jones Day has worked with the Cleveland Foundation, Key Bank, The Centers for Families and Children, the Ohio Attorney Generals office and Cleveland City Council members Brian Cummins andMatt Zone to develop this structure to assure the public that every penny donated goes to the survivors, said Jim Wooley, Jones Day attorney who is speaking on behalf of the survivors. Were confident the Cleveland Courage Funds are a legitimate, effective and an appropriate vehicle for accepting these donations. The Cleveland Courage Funds were established by Cleveland City Council members Cummins and Zone. They named the funds in honor of the courage shown by the survivors. Gina, Michelle, and Amanda are so grateful to the Cleveland community and well-wishers world-wide for their generosity and to the council members for starting the Cleveland Courage Funds, said Wooley. We are also aware of the many offers of donated goods and services, Wooley added. However, the best way to help right now is to donate dollars to take care of immediate needs, such as medical care and counseling. Donors can give online at www.clevelandfoundation.org/courage or via U.S. mail at Cleveland Courage Fund c/o the Cleveland Foundation, 1422 Euclid Ave., Suite 1300, Cleveland, OH 44115. Donors can also give to the Cleveland Courage Fund at any Key Bank branch in Northeast Ohio. ###

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